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Search Results 0 to 5 of about 6 (some duplicates have been removed)
Dec 6, 2012 7:00am PST
wants on the top 2% will run this government not for eight years or eight weeks or eight weeks but run this government for eight days, which means it's not a solution. the president is not interested in real policy solutions by evidenced by what he has proposed, he's interested in politics and that's the challenge that we have a getting through that and making certain that we not be talking politics, we talk about positive policy for american people, getting committee rolling and getting jobs created. >> the administration, as we've been saying, has said they're prepared to go over the cliff. we heard that from tim geithner. if republicans refuse to raise taxes on the wealthy and john boehner said yesterday that's unacceptable, though he admitted any revenue will be coming from the rich. let me play that for you. >> the revenues we're putting on the table are going to come from guess who? the rich. there are ways to limit deductions, close loopholes and have the same people pay more of their money to the federal government without raising tax rates, which we believe will harm our econo
Dec 5, 2012 7:00am PST
wild pitch could be a good one. report from the government accountability office concludes if we get rid of the dollar bill, the feds could save $4.4 billion over 30 years. matthew iglesias, good to see you. >> good to be here. >> if the findings are correct, no more paper dollar, $4 billion in savings but you think this equation is flawed, right? >> it's a little bit of a funny situation because they say you'll save money but not because it's cheaper to make the dollar coins than the dollar bills, it's considerably more expensive. the reason the government saves money if we switch to coins people don't like to use the coins and they think they'll pile up in our sock drawers. >> while that's maybe a possibility at the start but look, here is the pros as a lot of people who think this is a good idea see it. first of all, they last a lot longer, i think something like 30 years on average as opposed to dollar bills which last like four to five years, no problems getting a coin for your vending machine and the mining industry, frankly, would benefit big time, so is there at least some me
Dec 7, 2012 7:00am PST
faith and credit of the u.s. government. that's no way to run the country. >> what do you think the chances of that happening? >> it's possible. one of the things that the republicans might get as part of this package is another opportunity to make their case around the debt ceiling. but there ought to be some limit on it and i like the president's proposal that basically requires a two-thirds vote to overcome the president's decision to raise the debt. that still gives members a chance to weigh in, still requires a vote on the debt limit. it doesn't let lawmakers off the hook but it also means that you can't hold the country's economy and full faith and credit hostage every time you want to demand more in cuts or tax increases. >> congressman adam schiff, thank you. >> let me play for you a little exchange from yesterday. >> is there an objection? >> madam, preserving the right to object. matters of this controversy, what we're talking about is a perpetual debt ceiling grant. >> i guess we have a filibuster of his own bill so i object. >> is there objection to the original requ
Dec 4, 2012 7:00am PST
billion in cuts in entitlement and $250 billion in changes in way the government changes inflation that would impact social security. let me bring in the national journal from the editor. good morning. i want to talk to you about this republican proposal saying republicans in congress want to get serious about asking the wealthiest to pay slightly higher tax rates. we won't be able to achieve a significant balanced approach to the deficit. it does have some revenue in it, even though it's not from tax increases. so what does this opening offer say about where we are in these negotiations? >> well, it seems very difficult to imagine that we're going to be getting to a deal that will handle everything that needs to be addressed before the end of the year. i think the first main thing that needs to be addressed is the question of the tax cuts expiring. and for the obama administration, the question is, is it in their interest to trade tax cuts for the wealthy? increase for the wealthy for raising the age for eligibility for medicare, for example. i'm not sure that that's a trade that
Dec 3, 2012 7:00am PST
norquist wants to run government he needs to run office. >> you have people like saxby chambliss to indicate they were backing away from their pledge. grover norquist gets on the phone to them in the last several days and report of phone calls are that suddenly chambliss is going back a little bit maybe on what he had to say. so, i mean, do you think that his influence has waned? >> this is exactly what i'm saying is that, and chambliss is who i was thinking about. he threatens people. i do think his influence is reining. i think there's a crack in grover's armor and that's why he tried to shore it up last week by calling up people and intimidating them. it's time we hold him to task. he should not be allowed to hold the republican party hostage like he has. it's very irresponsible. do i think there's enough republicans that are moderate enough that they understand the need to raise revenue. but the question is will they be able to step forward. the other question will john boehner lead his caucus or will his caucus lead him. if john boehner leads his caucus then he'll be able to
Search Results 0 to 5 of about 6 (some duplicates have been removed)